but what's in it for malibu?to some points buffett made on "squawk" with becky. the oracle of omaha saying he still thinks stocks are a good bet for investors. >> we like buying businesses and stocks. you get more for your money there than you will get. the dumbest investment, you know, in my view is a long-term government bond. >> let's bring in david kelly, chief global strategist. good morning to you. always good to see you. >> good morning. >> buffett's point appears to be the same one he's made for i don't know how long. buy american. buy equities. don't go long bonds. if you have money, buy a house. mortgage it to the hilt. any reflections on the stuff he brought us this morning? >> i completely agree with all that. i think the one thing that people aren't talking about is, you know, the federal reserve is not really fixing the economy. but in another sense, they are fixing the markets. they are fixing it so that investors in cash and investors in long of-term government bonds really can't make money going

. >> and you look at malibu and all these other places where there are the constant disasters. you are taking a risk with that kind of location. >> with malibu, this example you are certainly not the first time affluent people live in a danger zone. malibu has fires almost every year and oftentimes big celebrities and media moguls, houses get -- >> you want to live some place dangerous, i know some places in the hood, they could move right in. i'm just sayin'. >> speaking of houses, look at the pricetag on steve cohen's latest purchase. these are big numbers. >> yes. speaking of hoods this is the hood right here. it's called further lane. and all these guys are trying to go further with wealth and their careers. he just bought a place for $60 million. it's 10,000 square feet. right on the water. he didn't even look at the house when it came on the market. he just bought it. he had an $18 million house just down the road. he didn't have direct access to the beach. the important thing is the context. he's in -- he and sac are the cross hairs of the government investigations. they

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i've got a couple of grand for you to spend in a boutique in malibu!... you will spend the rest of the afternoon wine tasting in the beautiful hills of malibu. thank you, chef. are you [bleep] kidding me? i wanted that! [bleep] damn it.

he's been down at indian wells where he has a lot of houses in malibu.fact, he owns most of malibu -- not really, but he's been to the tennis tournament. he's been he owns most of lan'ai. indian wells, owns a tennis tournament, redwood city, california, over in italy listening to an andrea bocelli concert. there he is down again in malibu. he's been everywhere, john. is he paying enough attention or not? >> well, first much all, i hope he's not taking his entire management team with him on all of these trips. i was struck by the quotation you just referenced. i don't think they have a sales execution problem. i think they have a sales management problem. if you're hiring thousands of new sales reps all over the world, two thoughts. number one, that costs you hundreds of millions of dollars. 2,000 sales reps at $100,000 a year is $200 million. so you have a lot of training to do. the second thing i know about salespeople is, if you take five salespeople into the same meeting, one salesperson is going to tell you this deal's about to close. another salespe

i'm going to tune in tonight 8:30 malibu country is the show. she is as nice as she just seemed. elizabeth in mobile alabama. >> caller: it's the progressives from alabama. >> both of you. >> stephanie: you are jamming up your phone line, both of you. >> caller: i was thinking when jesus comes back travis is going to be shocked when he turns out to be black. i hope he has a better tip for them then. >> stephanie: yeah, somebody was saying in our chat room maybe he got bad tips because he is a douche. forty-six minutes after the hour -- what? >> we don't have to break. >> stephanie: why not? >> because we broke earlier remember? >> stephanie: are you here every day. oh, okay. marilyn in little rock. hello, marilyn. >> caller: hi stephanie, i had to call about these laws in arkansas. our legislator just overrode our governor's veto on these new abortion laws. there's going to be a lot of women [ inaudible ] down here. >> stephanie: oh yeah. >> caller: stephanie i had toxemia and i almost died. my doctor recommended i have no children, because i wo

you see her playing in "malibu country."k's "time" and spent time with her and talked to her closest family and friends. we can't wait because sheryl sandberg will be on monday to talk about her new project. >>> "the bachelor." the very next morning, bachelor sean will be right here live in times square. that is happening, amy, tuesday on "good morning america." >> already in my calendar. >> okay, good. >>> let's go upstairs to sam and josh. >> sam. >> no, you haven't seen it. [ cheers and applause ] >> oh, our clean sweep series and, oh, we need your help. spring cleaning, we're going to let sheila harris from virginia who won collect all the money she can in the couch cushions right here at the cash couch, but i think there's so much more to the clean sweep. >> josh, don't we have to get something on the clock? >> yeah, we have to get 30 seconds on the clock, please. sheila, are you ready? >> we think we have checked out the big stuff, the whopping quarters. 30 seconds. on your mark. get set, go. get in there, go, go, go.

hasn't tunneled out of yet. [ laughter ] no, this time, she's not going back to promises rehab in malibunot going back to promises. she's going to a new facility called vague assurances. [ laughter ] i'm not sure what that one is. kind of a new -- not quite as -- you know, at one point in the sentencing yesterday, lindsay lohan turned to her lawyer and said, "shut the hell up" in the courtroom. she actually told the lawyer to shut the hell up. yeah, yeah. well, you can understand why. i mean, he may be a lawyer, but let's face it, she had years more courtroom experience that he has. [ laughter ] you know, she knows. she understands. [ cheers and applause ] well -- they are -- they are now saying the reason lindsay took the plea bargain is that they found half a a bottle of alcohol at the scene of her car crash. see, i don't believe that. huh? you really think lindsay lohan would leave behind half a a bottle of alcohol? [ laughter ] yeah, exactly. exactly. i'm not buying it. [ applause ]

we're going to keep checking in and i will see you at the nautica malibu triathlon at the finish lineseptember. >>> best to all of them. >> technology and fashion collide at the south by southwest festival. we'll show you how next. we'll show you how next. blab [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. blab. >>> this year at the south by southwest festival it is all about what you wear. we are talking about wearable computers, the trending music film, the technology event in austin, texas, showcases some of the hottest technologies every year and cnn money's lori segal was there and now back in new york. will you tell us anyway about these devices in style right now. what's so fashionable in the tec

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a lot of bars in malibu now require two forms of fake i.d., okay? laughter ] hey, here's some friendly advice. be careful what pictures you post on facebook. because any picture you spring breakers take when you're sober could hurt you when you try to join a fraternity or a a sorority. [ light laughter ] you know what today is? today is the ides of march. this is when julius caesar was stabbed in the back by the people he trusted. not a good day to be working at nbc. [ laughter ] woo. [ applause ] woo. woo. and i'll tell you what. and what a week it has been at the vatican! man. the white smoke. the euphoria. the bong, bong, bong. it was like colorado when they legalized marijuana. [ laughter ] did you see it? there was white smoke everywhere. and the coverage of the pope has just been nonstop th

. ♪ and now with low lease programs, the malibu state of mind has never been easier to get into. ♪ >>ay at the collegiate level. i rouen to the duke university, i was able able to become the woman i am today. >> one thing i think is crystal clear, now that we've experienced the positive impacts that title ix can have on our society, we're not going back. >> welcome back to our world with black enterprise. this year marks the 40th anniversary of title nine. as a notion of equality, joining me to have this conversation is wendy hilliard. we're also joined by joetta clark digs. and the wnba player for the new york liberty. thank you for being here. >> thank you for having me. >> when people say 40 years have passed and women now have equality in sports, how do you respond? >> title ix's been around for 40 years. when it first started, the opportunities were really not there for girls. 2 was a big difference for high school or college. in 40 years, it's been a huge difference. now it's two out of five, there's been a big, big change. we have a long way to go. >> women weren't doing sports

the lights may not come on when the pedal is pressed on some older chevy malibu and saturn aurares or may come on for no reason at all. gm chased the problem to the wiring connector. >>> the twinkie has a new owner. sold to two investment offers. the sale still needs bankruptcy court approval. the buyers hope to begin restocking shelves by this summer. hostess products have not been available since november. >>> google is admitting to a drive-by privacy breach. the search giant will pay $7 million to settle complaints that it collected personal data at its street view cars mapped it will be? and d.c., google will sponsor a campaign to teach people how to secure their wireless networks. >>> and an institution known for teaching outdoor skills is addings is indoors. boy scouts who want to earn the new video game design merit badge must be able to analyze various games and understand the concept of intellectual property. other unusual merit badges, by the way, include nuclear science, fingerprinting and journalism. >> good to hear journalism is in there. like to hear that. all things cha

. >> tonight on abc 7 at 8:00 it's last man standing followed by malibu country, shark tank then it's0 at 10:00. >> that does it for this edition of abc 7. >> from all of us here, thanks for watching. connect any time you wish on abc 7 news.com. >> good night for now, everyone. this is "jeopardy!" please welcome today's contestants -- an associate program manager from arlington, virginia... a substitute teacher from temecula, california... and our returning champion, a lawyer from chicago, illinois... and now here is the host of "jeopardy!" -- alex trebek! hey, johnny. thank you. hi, folks. welcome to our show. what a week this has been. what a rare mood i'm in. why, it's almost like being nded by champions who keep earning more than $20,000. steve -- a case in point. rachel and mary jo, welcome aboard. you look eager to play. so, let's do it. und. the jeopardy! round. you look eager to play. so, let's do it. and here come the categories. a-c-t in each correct response. alex: steve, start. rachel. what is sea level? correct. track & field for $200, please. rachel. what is the triple j

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he sold his malibu mansion on 10 acres for $75 million. doesn't that look nice?y bought the estate for $31 million in 2002. the billionaire scooped up a 30 room apartment in manhattan. the ink is barely dry on that one but he could flip it for a profit. 740 park avenue, one of the most prestigious addresses in the world. >> it sure is beautiful. america's pension system may be on the shakeyest ground it has ever been on before. find out why and what happens for you, next. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where

. >> katy from malibu? >> she was here 15 years ago.: wow. actor and director rickey schroeder joins us this morning. i love the concept of this movie. it's a family film, but it was born within your own family. how did it happen? >> my daughter always wanted to be an actress and i didn't want her to go through the same experiences i had as a child actor. not that they were horrible, but i wanted they are have a normal childhood. so at 16, i felt like she was a young woman and she was capable of handling it and if she want to do pursue a career in acting, then she might have a chance as success as an adult. >> steve: what part of the "silver spoons" experience did you not want her to have? >> the part that i didn't want they are have was missing out on the social life of a normal childhood and doing the things that kids do in school. because i think some of that is important and i missed some of that. >> gretchen: also staying away from some of the problems that we see some of the younger kids who get into hollywood now, i'm sure that y

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we'll keep checking in with a annette and her sister and annette, i will see you at the na nautica malibuhopefully in september. >> we wish them well! >>> march mad smes here! fans of the miami hurricanes are pinching themselves this st. paddy's day. we'll show you the time who could be the surprise number one seed for the big ncaa tournament. [ kate ] many women may not be absorbing the calcium they take as well as they could because they don't take it with food. switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. my doctor recommends citracal maximum. it's all about absorption. >>> south florida is cheering on two very impressive basketball teams, the miami heat just won its 22nd straight game and the university of miami hurricanes just won their first conference championship in school history and they could be a top seed when the ncaa brackets are a announced during selection sunday night. john zarrella visited the campus and says basketball is no longer taking a back seat to football on that campus. >> reporter: packed stands. fi

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annette, i will see you at the nautica malibu triathlon, hopefully at the finish line in september. >>> chasing life now for st. patrick's day. here's the message. have fun but be smart. many people make the holiday all about drinking. don't overdo it. i get it. what does that mean? that's the question. here is a rule of thumb. for healthy adult men a healthy level is no more than 14 standard drinks a week. still quite a bit. standard drink is one beer, one five-ounce glass of one or one and a half ounces of liquor. for women, the healthy upper limit is no more than seven drinks a week. don't drink them all on st. patrick's day. that's a good message. anyone over 65, man or woman, should keep it to just one drink a day. and this never hurts. don't mix these with prescription drugs. and don't drink and get behind the wheel. don't do it. that will wrap things up for sgmd. let us know what you think of the show. follow us on twitter. up next a check of the top stories in the cnn newsroom. >>> happening now on cnn, a college sports team on the way to a game when their bus crashes. two on

now get this great sign & drive lease on a 2013 chevy malibu ls for around $233 a month. >>> as the u.s. rushes to boost defense against a north korean attack, president obama is talking about iran's nuclear program using words like red line, saying all u.s. options are on the table. all of this as he prepares to head to the middle east in the coming days, first official visit to israel. mr. ambassador, thanks for coming in. >> good to be here. >> the president was precise talking about iran's nuclear program capability in an interview he gave israel's channel 2 that aired yesterday. i'll play the clip. >> we think that it would take over a year or so for iran to actually develop a nuclear weapon. obviously we don't want to cut it too close. >> is that your assessment, the israeli government assessment it would take a year for them to develop a weapon? >> we appreciate the reaffirmation of president obama's commitment to prevent iran from getting nuclear weapons, we are signed on that program. we look at the iranian nuclear program, see many of the same things, draw many

they are checking into complaints about 2004 to tonal chevrolet malibus and there are complaints from aura. >>> time now 6:52. the countdown to the super bowl of sailing. the new report on the america's cup yacht race. how it will effect the bay area economy. >>> one golfer with quite a hole in one. he fell into a sink hole. we have details of how he survived. [ male announcer ] subway introduces the new $3 six-inch select! this march we're kicking things off with the low fat oven roasted chicken $3 six-inch select. it's available all month long as one of our march featured values, the newest way to enjoy subway every day! subway. eat fresh. >>> welcome back to the ktvu channel 2 morning news. actually a pretty good retail report coming in this morning. but the dow down just about 24 points. the nasdaq and s & p also down a quarter of a percent. >>> time now 6:55. this firey explosion this morning in a louisiana bayou. four people were hurt. a tug boat hit a gas pipeline. that tug boat was pushing an oil barn last night about 30 miles south of new orleans. both of the vessels were eng

they are checking into complaints about 2004 to tonal chevrolet malibus and there are complaints from9 saturn aura. >>> time now 6:52. the countdown to the super bowl of sailing. the new report on the america's cup yacht race. how it will effect the bay area economy. >>> one golfer with quite a hole in one. he fell into a sink hole. we have details of how he survived. [ male announcer ] subway introduces the new $3 six-inch select! this march, we're kicking things off with the low fat oven roasted chicken $3 six-inch select. it's available all month long as one of our march featured values, the newest way to enjoy subway every day! subway. eat fresh. >>> welcome back to the ktvu channel 2 morning news. actually a pretty good retail report coming in this morning. but the dow down just about 24 points. the nasdaq and s & p also down a quarter of a percent. >>> time now 6:55. this firey explosion this morning in a louisiana bayou. four people were hurt. a tug boat hit a gas pipeline. that tug boat was pushing an oil barn last night about 30 miles south of new orleans. both of the vessels

. >> it takes place in malibu and where are you in the wild west?>> sierra nevada mountain by reno. >> by reno. >> the horseback riding looks very authentic. you are riding a horse and your daughter. is that something you do as a family? >> my daughter -- my daughter has been on horseback more in the last ten years than i have been. you know, she's really passionate about the wild mustangs and the wild mustangs in the west, like, are part of our culture and our history. and he need to be celebrated. >> magnificent animals. they pulled the pioneer wagons across the west and farmed our fields and fought our wars, and so there is a bit of an issue going on. >> we're not grateful. we're not grateful to them. >> we got to honor them and respect them and give them a place in our west. >> and quickly, do all of your kids want to go into acting? >> no. my two sons are interested in business. >> they're adorable in this. >> one wants to go in a military career, and the other son wants to go into business, and my two daughters are interested in pursuing actin

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annette, i will see you at the nautica malibu triathlon, hopefully at the finish line in september. >>> chasing life now for st. patrick's day. here's the message. have fun but be smart. many people make the holiday all about drinking. don't overdo it. i get it. what does that mean? that's the question. here is a rule of thumb. for healthy adult men a healthy level is no more than 14 standard drinks a week. still quite a bit. standard drink is one beer, one five-ounce glass of one or one and a half ounces of liquor. for women, the healthy upper limit is no more than seven drinks a week. don't drink them all on st. patrick's day. that's a good message. anyone over 65, man or woman, should keep it to just one drink a day. and also a reminder, this never hurts. don't mix these with prescription drugs. and don't drink and get behind the wheel. don't do it. that will wrap things up for "sgmd." let us know what you think of the show. cnn.com/sanjay. follow us on twitter. up next a check of the top stories and "cnn newsroom." -- captions by vitac -- www.vitac.com >>> up and at 'em. happy st.

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now get this great sign & drive lease on a 2013 chevy malibu ls for around $233 a month. >>> welcometo the second half of "outfront." we start with stories we care about, where we focus on reporting from the front lines. and we begin with former nba players, dennis rodman. he's speaking out again about his trip to north korea. he's going back. a couple weeks ago, you'll recall he was palling around in pyongyang with the country's dictator, kim jong-un, and here's what rodman said today. >> i don't condone what he does, but he's my friend. >> do you anticipate going over there again? >> yes, i will, in august. >> you are going over there? >> yes, i'm vacationing there, yes. >> vacationing with kim jong-un. i cannot wait to see what that entailed. rodman went on to say that his stance on kim remains the same. he says he does not want to go to war with the united states, despite the country's continued nuclear test. >>> an archbishop from italy was intrade's favorite for pope and now we may never know if that prediction is right. the company shut down on sunday after the company said it

now get this great sign & drive lease on a 2013 chevy malibu ls for around $233 a month. >>> my mother's life and death left me with the belief that our obligation is to use every moment we have on this earth to make it a better place. to make other people's lives better. to make sure nobody is left behind because they might need a little more help. >> new york city mayoral hopeful christine quinn talking movingly about her late mother. i talked to you before about your mother. you were 16, i think, when she died. >> yes. >> a really vulnerable age for any young woman to lose her money. how would you feel about the fact that there's a little girl as you were still then about to potentially smash two great ceilings down. you would be the first woman to ever be mayor of new york. you would also be the first openly gay mayor of new york. an extraordinary double whammy, if it happens. >> i think she would be thrilled by all of this. my mom had started -- was raised in the city and had been a catholic charities social worker. show lov she loved new york. she loved rockaway where she used to s

malibu the reports we have to create for investments to come and we have affected a lot of changing in the law for the institutions and a lot of fiscal measures that have prepared for adequate investments and this has been recognized by the world bank as one of the payments of performance. we have investments in hundreds of millions of dollars and they are not impacting and changing the agriculture and mining sectors so a lot of things in the space process and where there is democracy and stability if we open up investment opportunity we believe that sierra leone is more a country [inaudible] this is been recognized for the world bank and last year the economy was referred to investment and start a high rate of growth that isn't compatible to any order. the structures to guarantee that investments are not only attracted but it is protected. more in plant, better service. [applause] we are coming back to some of the issues that you pointed to. let me first turn to the president from malawi and we will start with president banda. >> allow me to take this opportunity to thank president ob

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we shot this video last month in malibu.y on "gma." here's "22 ♪ ♪ uh-h i'm feeling 22 ♪ every day will be all right if you treat me next to you ♪ ♪ you don't know how many but i'll bet you want to ♪ ♪ every day will be all right if we keep dancing like we're 22 ♪ ♪ 22 >> we love it. >> what a good friend of "gma," taylor swift. that sneak peek of "22." her world tour kicks off today. you can see the whole music video for "22" on goodmorningamerica.com on yahoo! >> your girls will be singing that tune. >> they'll know every word. >> they'll need a little more time. >>> it is reality week as we've been telling you on "gma" and this morning we're taking you behind the scenes of one of the hottest reality shows, "yukon men" take viewers inside what it's like to live in one of the wildest places on earth and our cameron mathison got a firsthand look. >> get off. >> reporter: imagine having to hunt for food. drill through ice to get drinking water and worry about bears every time you left the house. >> aaagh. >> reporter: the hit

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[dramatic musical flourish] ♪ legendary tv host dick clark lived a true tv life, owning a home in malibuhat classic show? >> well i could see any-- i couldn't imagine that the flintstones house would be a very nice one to live in or try and re-create. [laughter] i feel like i should be able to reason this one out as an architect, but... leave it to beaver would be a very classic house, so it would be sort of a--but so would the brady bunch. the thing if i never watched these shows. the jetsons just seems out there. i don't see dick clark living in that house, although that's more likely than the flintstones, but... [sighs heavily] it's just too much of a guess. i'm going to have to jump. >> okay, question's out of play. you don't have to answer it. you referred to leave it to beaver's house as the classic house. let's see what the answer was. the flintstones. [audience murmurs] wow. >> the first one i said no to. okay. >> that is strange. okay, let's see what you jumped over. think we're all a little shocked by that one. $1,000. >> that's fine. >> $1,000 out of play, but you are still ve

i know his house in malibu, and he wanted to have a -- be closer to hollywood celebrities, but they wantre building a new studio for him. so jay leno is wasting no opportunity to jab back at the nba executives. here he is last night. >> this is kind of scary, scientists say they are getting closer to closer to cloning of extinct species. things once thought to be extinct can now be brought back from the dead. so there's hope for nbc. it could turn around. [ laughter ] >> good for him. they are stabbing him in the back -- >> bill: they counted him out as dead before. >> this will be the second time to push him out, and he has now for 21 years basically been number 1 the entire time. >> bill: he has been number 1 in the overall ratings, and number 1 in the younger demographic that think hope to attract with jimmy fallon. >> i'm not a leno fan, but america has spoken. we love mcdonald's, and we love jay leno. >> bill: i love him because he used to listen to my radio show. >> that's a good reason. i just don't understand the business idea of saying we're going to push you out when you are nu

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